Following the depreciation of the Nigerian currency, the Central Bank of Nigeria (CBN) has adjusted the exchange rate for ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

FBN Holdings recorded a 154.5 percent rise in net interest income, driven primarily by the continuous hike in the monetary policy ...

The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs ...

Nigeria may not see significant foreign funds inflow this year because of its negative real interest rates resulting from ...

In the face of Nigeria’s high inflation, money market mutual funds have continued to attract investor interest with competitive returns.

Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic growth ...

Nigeria may struggle to attract foreign capital due to negative real interest rates, hindering economic growth.

Resolving the high interest rate to deposit spreads in Nigeria requires a multifaceted approach. To start, the Central Bank of Nigeria (CBN) can play a crucial role by implementing policies that ...